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1665 White Bear Ave N
Saint Paul, MN 55106 Hillcrest

$2,500,000 USD

Drugstore For Sale  •  15,085 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 15,085 SF
  • Lot Size 1.25 AC
  • Building Class C
  • Year Built 2003
  • Tenancy Single
  • Zoning T2
50 Transit Score
50 Walk Score

Highlights

Walgreens at this location 22+ years with a recently executed long-term extension
±8 years remaining on NNN lease with Ten 5-year extension options
92% rent increase at onset of first renewal option in October 2034
5-mile average household income of $114,427 with 370,331 residents
Corporately guaranteed lease from Walgreens
Essential retailer with consistent operations and rent payments through COVID-19

Amenities

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
11 min - 6.6 mi
AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 25 min - 15.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 56
Type: Surface
Included in Rent: Yes
Preston Schwartz 972-533-2144 Matthews Real Estate Investment Services
Preston Schwartz 972-533-2144 Matthews Real Estate Investment Services